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The Rational Expectations Revolution: Readings from the Front Line

Miller, Preston J. (contributor) - The MIT Press

These twenty-one collected readings describe the origins and growth of the revolutionary approach to macroeconomic analysis known as rational expectations. The readings trace the development of this approach from the late 1970s, when it was viewed by many as radical, to the present, when it has...

Persistent link: https://www.econbiz.de/10005237352

The Informational Role of Prices

Grossman, Sanford - The MIT Press

framework for understanding how prices convey information in securities markets. Grossman elaborates a new model of economic … equilibrium that casts a dual role for prices both as constraints that affect the immediate costs or benefits of acts and as … October 1987 as an example of the informational role of prices where volatility actually represented sophisticated trading …

Persistent link: https://www.econbiz.de/10005233406

Exploration and Contestation in the Study of World Politics: A Special Issue of International Organization

Katzenstein, Peter J. (contributor); … - The MIT Press

Over the last thirty years, international political economy and international relations have become increasingly sophisticated, both empirically and theoretically. Realist, liberal, and constructivist theorists have developed research programs that yield new insights into some of the most...

Persistent link: https://www.econbiz.de/10005560419

A Ghost's Memoir: The Making of Alfred P. Sloan's My Years with General Motors

McDonald, John - The MIT Press

Published in 1964, My Years with General Motors was an immediate best-seller and today is considered one of the few classic books on management. The book is the ghostwritten memoir of Alfred P. Sloan, Jr. (1875-1966), whose business and management strategies enabled General Motors to overtake...

Persistent link: https://www.econbiz.de/10005233365

The One Best Way: Frederick Winslow Taylor and the Enigma of Efficiency

Kanigel, Robert - The MIT Press

Frederick Winslow Taylor (1856-1915) was the first efficiency expert, the original time-and-motion man -- the father of scientific management, the inventor of a system that became known, inevitably enough, as Taylorism. "In the past the man has been first. In the future the System will be...

Persistent link: https://www.econbiz.de/10005233398

Economics for Policymaking: Selected Essays of Arthur M. Okun

Okun, Arthur M. - The MIT Press

Arthur Okun - teacher at Yale in the 1950s, member and later Chairman of the President's Council of Economic Advisors in the 1960s, and Fellow of the Brookings Institution throughout the 1970s - was one of the three or four most important macroeconomists of the past twenty years. He was perhaps...

Persistent link: https://www.econbiz.de/10005237326

Marshall's Tendencies: What Can Economists Know?

Sutton, John - The MIT Press

The world of economics is a complicated and messy place. Yet modern economic analysis rests on an attempt to represent the world by means of simple mathematical models. To what extent is this possible? How can such a program cope with the fact that economic outcomes are often driven by factors...

Persistent link: https://www.econbiz.de/10005756476

The Scanlon Plan: A Frontier in Labor-Management Cooperation

Lesieur, Frederick G. (contributor) - The MIT Press

Persistent link: https://www.econbiz.de/10005756485

By Force of Thought: Irregular Memoirs of an Intellectual Journey

Kornai, Janos - The MIT Press

Janos Kornai, a distinguished Hungarian economist, began his adult life as an ardent believer in socialism and then became a critic of the communist political and economic system. He lost family members in the Holocaust, contributed to the ideological preparation for the 1956 Hungarian...

Persistent link: https://www.econbiz.de/10005756494

Theory for Economic Efficiency: Essays in Honor of Abba P. Lerner

Greenfield, Harry I. (contributor); … - The MIT Press

Paul Samuelson once noted that "Abba Lerner has been a great theoretical economist in a vintage epoch for theorists. This last third of a century he has poured out one brilliant paper after another-in micro theory and macro, in pure thought, and in the realms of policy." Lerner's colleagues at...

Persistent link: https://www.econbiz.de/10005756510